FINE ARTS MUSEUMS FOUNDATION
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$309,223,393
Investments
65%
Other Assets
31%
Receivables (Non-Related)
2%
Cash & Equivalents
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$1,284,223
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,112,989
$5,731,378
+12%
Receivables (Non-Related)
$3,675,180
$7,576,895
+106%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$185,758,227
$199,614,456
+7%
Property, Plant, & Equipment (net)
$685,000
$0
-100%
Other Assets
$102,192,632
$96,300,664
-6%
Total Assets
$297,424,028
$309,223,393
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$1,597,507
$1,284,223
-20%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,597,507
$1,284,223
-20%
Net assets
2023
2024
Change
Restricted Net Assets
$142,948,420
$158,641,868
+11%
Unrestricted Net Assets
$152,878,101
$149,297,302
-2%
Net assets
2023
2024
Change
Net assets
+$295,826,521
+$307,939,170
+4%
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